The paper “ The Impact of Corporate Social Responsibility Adoption into Global Supply Chains” is a thoughtful variant of the literature review on management. Global businesses operate within a highly competitive and dynamic environment. An effective company, therefore, has to ensure that it has an edge above the others, and this often means having to satisfy the changing requirements of customers. One of these relates to sustainability in business practice, hence global companies must adopt Corporate Social Responsibility (CSR) into their day to day practice. This paper investigates the impact of CSR adoption into global supply chains.
Through an extensive literature review, it identifies the intention and impact of CSR on each of the five main phases of the global supply chain. It notes that CSR adoption is driven by demands of the global marketplace, and generally results in an adjustment of how the phases are pursued, with the eventual income being cost reduction, better profits, productivity, and improved corporate reputation. It is noted that available literature is often too specific to contexts, hence a need for a broader study of such impacts.
In addition to further research, it recommends that global firms should ensure simplicity in CSR implementation and avoidance of too many suppliers. Ethical principles should, therefore, be fully embraced in global business strategy, with relevant studies being undertaken to justify the need for such changes. IntroductionOrganizations today operate under stiff competition, a dynamic business environment, and the growth of information and communications technologies (Mushanyuri, 2013). As a result, they strive to safeguard their position within the market, with the subsequent need to ensure a sustainable growth pushing most towards adopting Corporate Social Responsibility (CSR) practices (Kim et al. , 2014).
CSR involves voluntarily embracing environmental and social concerns into business processes and any relations between it and other businesses or stakeholders.
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